Management:
+++ Slinger Bag has a hired a new chief financial officer, Jason Seifert, who previously worked for Ernst & Young and The Finish Line, taking the place of Paul McKnown, who will serve as chief integration officer
Retail:
+++ Fútbol Emotion, the sporting goods retailer specializing in football equipment, is starting online sales in Croatia and opening a 250-square-meter store at the Plaza Norte shopping mall in Madrid, its second store in Spain’s capital city and 20th in the Iberian Peninsula
E-Commerce & DTC:
+++ The Nike App, which connects its members to products, rewards, guidance and experiences, tailored to their individual preferences, has officially been launched in the Philippines, Singapore, Thailand, Malaysia, Taiwan, and India
Legal & Institutional:
+++ Manu Sawhney, the CEO of the International Cricket Council (ICC), is leaving the organization with immediate effect in connection with the results of an internal audit, and is being replaced by Geoff Allardice as acting CEO
+++ The U.S. International Trade Commission has agreed to complete an investigation within 45 days into a complaint by Crocs against 23 U.S. and Chinese companies accused of importing shoes that infringe on its trademarks, including Skechers
+++ Michael Avenatti, the American celebrity lawyer, has been sentenced to 2.5 years in prison for trying to extort $25 million from Nike in exchange for non-exposure of alleged payments to athletes and coaches
Statistics:
+++ The sport fishing equipment market is expected to grow by $2.09 billion during 2021-2025, posting a CAGR increase of nearly 3 percent, according to a new market research report by Technavio
Marketing:
+++ Billabong has teamed up with the beer brand Budweiser on a globally available apparel collection for the summer that comprises a range of boardshorts, T-shirts, jackets, button-down wovens, fleece and accessories
